Invesco QQQ Trust, Series 1 QQQ
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
Invesco QQQ Trust, Series 1 (QQQ) Investment Strategy and Portfolio Holdings Overview
The Invesco QQQ Trust, Series 1 is an exchange-traded fund (ETF) launched by Invesco on March 10, 1999, which is structured to track the price and yield performance of the NASDAQ-100 Index.
Key Insights
Invesco QQQ Trust, Series 1 (QQQ) Essential ETF Metrics and Performance Data
Average Daily Volume
50,735,353 Shares52-Week Range
$522.66-$748.65Total Outstanding Shares
664.65 Million SharesCurrent Dividend
$0.73 Per Share QuarterlyInception Date
March 10, 1999Website
http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=QQQ